Copper Prices Could Explode in 2027 — Deutsche Bank’s Daniel Ghali Warns of a Looming Crisis

Copper prices have been falling, but Deutsche Bank’s Daniel Ghali warns the market could be heading for an extraordinary squeeze. He says only 30% of above-ground copper inventories may be available for purchase by year-end, with continued stockpiling threatening to push that figure dangerously close to zero. On Top of Mine, Ghali explains why copper prices could surge in 2027, what’s driving the looming liquidity crisis, and why a recession could derail the rally. He also shares his outlook for gold and silver.